MFA Financial (MFA) lowers its interest bill, announcing the May 16 redemption of all 3.84M...


MFA Financial (MFA) lowers its interest bill, announcing the May 16 redemption of all 3.84M shares of its 8.5% preferred stock for $25.27 (includes accrued and unpaid dividends). The funds for the redemption will come from the company's recent issuance of 7.5% preferred. (PR)

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  • 6312061
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    Nice swap - having been lon gon MFA for over a year now, I feel very comfortable that this company is well managed... ROI has been great...
    17 Apr 2013, 09:57 AM Reply Like
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